Is Rangeline, TN a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Rangeline is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Rangeline has remained a Buyer's Market.

Key Takeaway

Rangeline is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Rangeline, TN

How much do homes in Rangeline, TN cost?

Median Sold Price

$107,000

-

Based on all homes sold in October 2024.

Difference Since Last Month

+$19,000(+21.6%)

Key Takeaway

Homes in Rangeline have sold for 21.6% more than they did a month ago.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $84.9K$107K
+26.0%
4 $160.3K-
N/A
5+ --
N/A

Summary: Rangeline housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 26%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Neighborhoods

Rangeline
+21.6%
Woodstock
0%
Frayser
-29.4%
Alta Vista
-47.1%

Housing Supply in Rangeline, TN

How many homes are available in Rangeline, TN?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3742+13.5%

Summary: The Rangeline real estate market had 42 homes for sale in October 2024, a 13.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2226
+18.2%
4 1415
+7.1%
5+ 11
0.0%

Summary: The Rangeline housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 18.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
52-60.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Rangeline, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Rangeline in October 2024, down by 60.0% month-over-month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Rangeline, TN

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 23 Days Ago

Newest Listings in Rangeline, TN

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